The global Carrier Aggregation Solutions Market size is expected to reach USD 15,213 million by 2030, expanding at a CAGR of 21.8% during the forecast period, according to a new report by Grand View Research, Inc.
Carrier
aggregation solutions are software functionality in the user device and radio
access network (RAN). It allows MNOs to combine the capabilities of radio cells
to enhance network efficiency and user experience. Mobile network operators are
introducing 5G standalone with an extremely efficient 5G air interface and 5G
core, eliminating the dependency on existing long-term evolution (LTE) networks
to provide reliable, efficient, and ultra-low latency capabilities of 5G. The
ongoing rollout of commercial 5G networks has considerably improved the
experience of mobile subscribers globally.
Rising global
mobile traffic, the need for faster data speed, and increased focus on research
and development activities by government and private research organizations are
some of the factors fueling the growth of the market. Carrier aggregation
solutions enable mobile network operators (MNOs) to combine two or more data
carriers with the same or different frequency bands within a single channel to
transfer data between base stations and a mobile device. Carrier aggregation
solutions enhance data capacity, spectrum efficiency, and backward
compatibility.
Moreover, the
increasing number of advanced 5G standalone networks delivering ultra-low
latency and boosting the performance of homogenous and heterogenous networks
has remarkably marked the evolution of wireless infrastructure. It also allows
MNOs to pool their spectrum resources together within the same/different band
to achieve higher capacity and peak rates. The industry is expanding at a
tremendous growth rate owing to technological innovations coupled with users’
inclination towards faster data speed.
The carrier
aggregation solution has also increased cell coverage by aggregating several
frequency bands for higher peak rates. The industry has remarkably evolved
across the U.S. and Asian countries owing to the accessibility of emerging 5G
services, the rollout of commercial 5G deployment networks, technological
breakthroughs, and carrier aggregation solutions.
Major players
are spending heavily on research and development activities to integrate
advanced technologies within carrier aggregation solutions has intensified the
competition among these players. Some prominent players in the market include
Artiza Networks, Inc.; Cisco Systems Inc.; Huawei Technologies; Nokia
Corporation; Qualcomm Technologies, Inc.; Rohde & Schwarz GmbH and Co. KG;
Sprint.com; ZTE Corporation; Broadcom Inc.; Verizon Communications Inc.;
Telefonaktiebolaget LM Ericsson; and Qorvo Inc. These players are focusing on
offering an extensive portfolio of carrier aggregation solutions for 4G/LTE and
5G.
List
of Key Players in the Carrier Aggregation Solutions Market
- Anritsu
- Artiza Networks, Inc.
- Cisco Systems Inc.
- Huawei Technologies
- Nokia Corporation
- Qualcomm Technologies,
Inc.
- Rohde and Schwarz GmbH
and Co. KG
- Sprint.com
- Telefonaktiebolaget LM
Ericsson
- ZTE Corporation
- Broadcom Inc.
- Verizon Communications
Inc.
- Qorvo Inc.
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summary: Carrier Aggregation Solutions Market Report
Carrier
Aggregation Solutions Market Report Highlights
- In terms of
deployment, the 4G/LTE segment dominated with a revenue share of 56.2% in
2022 and is expected to witness a CAGR of over 21.0% during the forecast
period. The growth is attributed to the widespread adoption of long-term
evolution (LTE) services globally by end-users for commercial and
residential purposes
- In terms of frequency
band, the mid-band segment dominated with a market share of 51.6% in 2022
and is expected to expand at a CAGR of over 22.0% during the forecast
period. Mid-band frequencies, typically ranging from 1 GHz to 6 GHz, have
become increasingly important in the Carrier Aggregation Solutions market
due to their unique properties
- In terms of cell type,
the microcells segment dominated the overall market with a revenue share
of 55.7% in 2022 and is expected to witness a CAGR of over 22.0% during
the forecast period. Microcells provide seamless connectivity to consumers,
especially in public areas, up to 1 KMs of distance
- In terms of spectrum
bands, the licensed spectrum segment held the largest revenue share of
61.9% in 2022 and is expected to register a CAGR of over 22.o% during the
forecast period. The licensed spectrum for the private 5G network delivers
enhanced security and safety of customers’ data during the transmission
and reception of this information from one location to another
- In terms of
application, the mobile broadband connectivity segment dominated the
overall market with a revenue share of 30.9% in 2022 and is expected to
witness a CAGR of over 17.0% during the forecast period. The growth is
attributed to the increasing penetration of smartphone subscribers, the
growing proliferation of high-speed data services, and the increased
investments by MNOs in the region
- Key industry players
include Artiza Networks, Inc.; Cisco Systems Inc.; Huawei Technologies;
Nokia Corporation; Qualcomm Technologies, Inc.; Rohde and Schwarz GmbH and
Co. KG; Sprint.com; Telefonaktiebolaget LM Ericsson; ZTE Corporation;
Broadcom Inc.; Verizon Communications Inc.; and Qorvo Inc.
Carrier
Aggregation Solutions Market Segmentation
Grand View
Research has segmented the global carrier aggregation solutions market based on
deployment, frequency band, cell type, spectrum band, application, and region:
Carrier
Aggregation Solutions Deployment Outlook (Revenue, USD Million, 2017 - 2030)
- 4G/LTE
- 5G
Carrier
Aggregation Solutions Frequency Band Outlook (Revenue, USD Million, 2017 -
2030)
- Low-band
- Mid-band
- High-band
Carrier
Aggregation Solutions Cell-Type Outlook (Revenue, USD Million, 2017 - 2030)
- Picocells
- Microcells
- Femtocells
Carrier
Aggregation Solutions Spectrum Band Outlook (Revenue, USD Million, 2017 - 2030)
- Licensed
- Non-licensed
Carrier
Aggregation Solutions Application Outlook (Revenue, USD Million, 2017 - 2030)
- Mobile Broadband
Connectivity
- Smart City
- Industrial IoT
- Maritime
Communications
- Satellite
Communication
- Others
Carrier
Aggregation Solutions Regional Outlook (Revenue, USD Million, 2017 - 2030)
- North America
- U.S.
- Canada
- Europe
- Germany
- U.K.
- France
- Italy
- Asia-Pacific
- China
- India
- Japan
- South Korea
- Latin America
- Brazil
- Mexico
- Middle East &
Africa
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.
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